This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
2-bedroom, 1-bathroom apartment of 99 m² on the 1st floor, built in 1993, energy rating D. Located Quarteira parish, Loulé municipality, Faro district. Noteworthy Features: This apartment boasts a Local Accommodation License, ensuring strong rental income potential, and a spacious 32.60m² private rooftop terrace with panoramic views of the manicured gardens and pools.
The valuation. The asking price of €559,000 sits €57,028 or 11.4% above the fair value of €501,972, indicating that the property is overpriced compared to market expectations.
Fair value modelled at €501,972 from 6 comparable sales in the area. Asking €559,000 sits €57,028 (11.4%) above — overpriced versus fair value.
Asking €559,000 versus the Quarteira, Loulé, Faro area baseline of €476,086 (€4,809/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €476,086, adjusted for condition and micro-location, gives a modelled fair value of €501,972 (€5,070/m²), a €57,028 (11.4%) gap versus the €559,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Quarteira · 07fa11 | Subject | €559,000 | €5,646 | — | 80 | 73 |
| avenida Cerro da Vila, 811 | Active | €349,000 | €6,712 | 18.9% | 70 | 65 |
| Quarteira · 28b843 | Active | €300,000 | €4,688 | 17.0% | 74 | 58 |
| Quarteira · 3a7140 | Active | €525,000 | €4,953 | 12.3% | 75 | 73 |
| Quarteira · 162477 | Active | €365,000 | €5,141 | 9.0% | 70 | 73 |
| Median comp | €357,000 | €5,047 | 10.6% | 72 | 69 |
Short-term vacation rental The 2-bed apartment in Quarteira is overpriced by 11.4% compared to its fair value of €501,972, which limits potential short-term rental profitability despite the area's strong tourism driving demand. With a gross yield of only 2.5%, this property may struggle to deliver satisfactory returns in the competitive vacation rental market. Long-term rental Despite the local economy's dependence on tourism, the apartment's fair value suggests it is overpriced at €559,000, undermining its potential as a long-term rental investment. The 2.5% gross yield signifies that, even in this buoyant rental market, the investment may fail to meet landlord expectations for steady income. Family rental The property in Quarteira is priced 11.4% above its fair value, making it less desirable for families seeking long-term housing options amidst seasonal employment instability in the Algarve. With a condition score of 79/100 and a moderately supportive neighborhood rating of 73/100, the property presents challenges in justifying its inflated price to family renters looking for durability and value.
Market Volatility Risk The economic stability score of 65/100 indicates potential market fluctuations that could affect rental income stability and tenant retention.
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